https://www.taxtmi.com/caselaws?id=777034 CESTAT upheld the adjudicating order and dismissed the appeal, holding the appellant liable to reverse ineligible Cenvat credit on exempted services by the prescribed date under Rule 6(3A) of the Cenvat Credit Rules, 2004 and to pay interest for delayed reversal. The tribunal found the appellant reversed only part of the credit by 30 June and delayed the balance to 30 Sept, attracting interest from the stipulated date until reversal. The tribunal rejected reading Rule 14's "taken and utilised" language into Rule 6(3A), citing SC authority on interest liability. en-us Wed, 20 Aug 2025 00:00:00 +0530 Sat, 23 Aug 2025 08:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777034 CESTAT upheld the adjudicating order and dismissed the appeal, holding the appellant liable to reverse ineligible Cenvat credit on exempted services by the prescribed date under Rule 6(3A) of the Cenvat Credit Rules, 2004 and to pay interest for delayed reversal. The tribunal found the appellant reversed only part of the credit by 30 June and delayed the balance to 30 Sept, attracting interest from the stipulated date until reversal. The tribunal rejected reading Rule 14's "taken and utilised" language into Rule 6(3A), citing SC authority on interest liability. Case-Laws Service Tax Wed, 20 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777034